The need for Banks and telecommunication companies (Telcos) to collaborate in the fight against e-fraud given the rise in the use of mobile phones for banking transactions, the Chairman, the Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN), Yinka Tiamiyu has said.
In a statement released Tuesday, he said ACAEBIN, which is also a sub-committee of the Bankers' Committee of the Central Bank of Nigeria (CBN), .....Read More..
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Banks, Telcos collaboration key in fight against e-fraud – Yinka Tiamiyu
NEXIM BANK MD, ABUBAKAR BELLO, TASKS AUDITORS ON THE NEED TO EMBRACE AGILE AUDITING
The need for Internal Auditors to be more proactive in providing assurance over governance, risk, and control has once again been brought to the fore. This was contained in a speech delivered recently by the Managing Director and Chief Executive Officer of Nigeria Export-Import Bank (NEXIM Bank), Mr. Abubakar A. Bello at the 49th Quarterly General Meeting of the Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN)......Read More..
BAWA ENGAGES BANK CHIEFS, WARNS AGAINST FRAUDULENT ELECTION FINANCING, FOREX MALPRACTICES By Celestine Okafor (Editor-in-Chief)
The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has sought greater collaboration with financial institutions in the country as a way of tackling fraudulent election financing, foreign exchange malpractices and money laundering......Read More..
ACAEBIN trains internal auditors on cybersecurity
The Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) has partnered with the Financial Institutions Training Centre (FITC) to train banks' internal auditors on cybersecurity with special emphasis on cloud security, areas of vulnerability, challenges, and assurance.....Read More..
WHY GIANT CORPORATE ORGANISATIONS FAIL.....Kehinde Ogundimu, NMRC MD
The role of internal audit in building a sustainable organizational culture has once again been brought to the fore. This was made known recently by the Managing Director and Chief Executive Officer of the Nigeria Mortgage Refinance Company (NMRC), Mr Kehinde Ogundimu, during the 50th Quarterly General Meeting of the Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) hosted by NMRC. .....Read More..
PWC, Heritage Bank And Deloitte Canvass Use Of Tech To Rescind Effects Of COVID-19, Tackle Fraud
Speaking at the just concluded 47th Quarterly Meeting of the Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN), the MD/CEO of Heritage Bank, Ifie Sekibo disclosed that for improved banking operations and safer financial system for stakeholders, internal auditors must be dynamic and quick to adopt various digital measures.....Read More..
NIGERIA MORE DIVIDED NOW THAN DURING CIVIL WAR, SAYS OBASANJO
Olusegun Obasanjo, former President of Nigeria, says Nigeria is more divided now than it was during the civil war.
He said this during his speech at the 2019 annual retreat/conference and general meeting of members of the Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) held at Park Inn, Abeokuta in Ogun State on Thursday....Read More..
AMBODE TASKS AUDITORS ON RULES, ECONOMIC RECOVERY
The Governor, who spoke at the ninth yearly retreat/general meeting of the Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN), a sub-committee of the Bankers’ Committee of Central Bank of Nigeria (CBN), said auditors are at vantage position to enforce the rules and standards.
Represented by Lagos State Commissioner of Finance, Akinyemi Ashade, he urged auditors to always uphold the ethics of the profession, which must guide their conducts in the performance of their professional responsibilities....Read More..
ECONOMY BEGINS SLOW RECOVERY FROM RECESSION
The nation’s economy has begun a slow recovery from recession although the Gross Domestic Product (GDP) contracted again by 0.52 per cent in real terms in the first quarter of 2017.The National Bureau of Statistics (NBS) disclosed yesterday that this contraction, which represented the fifth in the quarterly series, starting from the first quarter of 2016, raised hopes that recovery is on the way.
The nation’s inflation, which has moderated for the third consecutive time, has appeared discriminatory, as some items in the food index, which are patronised by the masses, have remained on the high side...Read More..
CBN, BANK AUDITORS MOVE TO FIGHT CYBERCRIME
Oyetunji Abioye The Central Bank of Nigeria and the Association of Chief Audit Executives of Banks in Nigeria are set to collaborate to combat the spate of cybercrime and improve digital banking in the country. The association, a sub-committee of the Bankers’ Committee of the CBN, seeks to promote ethical standards, competence and professionalism among members..Read More..
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